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  • Singaporean banks bulk up in wealth management

    SINGAPORE A pullback by global competitors is giving Singaporean banks opportunities to expand their wealth management operations in Asia. The latest case in point came on May 11, when Oversea-Chinese Banking Corp. said it is buying National Austral

    May 18, 2017 10:00 am JST
  • New Zealand's free trade vision includes China

    TOKYO -- New Zealand is renegotiating its free trade agreement with China as part of a larger strategy of helping steer the creation of favorable rules for commerce in the Asia-Pacific region.During his visit to Japan on Wednesday, Prime Minister Bi

    May 18, 2017 06:15 am JST
  • New Zealand leads push to keep TPP alive

    TOKYO -- New Zealand aims to avoid reworking the Trans-Pacific Partnership in resurrecting the trade pact without the U.S., both to avoid a lengthy renegotiation and to leave the door open in case Washington returns, Prime Minister Bill English said

    May 18, 2017 06:00 am JST
  • 'TPP 11' to Washington: We'll keep your seat warm

    TOKYO -- The 11 remaining signatories to the Trans-Pacific Partnership intend to proceed without the U.S. but lay an easy path for its return, hoping to tempt Washington back to the table.The U.S. withdrew from the trade agreement in January, leavin

    May 16, 2017 05:32 am JST
  • Japan to push for 'TPP 11' by year-end

    TOKYO -- Japan on May 21 will call on the 10 other remaining members of the Trans-Pacific Partnership to come to a general agreement by the end of the year on implementing an accord without the U.S. It will make the push during a meeting in Vietnam.

    May 14, 2017 02:00 am JST
  • Aussie Rules football makes play for Chinese fans

    SEOUL -- Chinese soccer fans are accustomed to European teams arriving in the summer for gentle exhibition games, but this Sunday two teams from a very different sport will play a match in Shanghai in front of a sell-out crowd.The game of Australian

    May 13, 2017 10:00 am JST
  • Australia's Great Barrier Reef under bleaching threat

    SYDNEY -- Teeming with neon-colored fish and vast ranges of branching, bulging, sculptural coral, Australia's Great Barrier Reef is one of the world's natural wonders. It is also a highly vulnerable asset now under threat from extreme weather condit

    May 13, 2017 09:00 am JST
  • Australia looks to dig deep for new growth

    CANBERRA, Australia -- Seeking a new engine of growth following the commodities boom, Prime Minister Malcolm Turnbull's government has proposed spending 75 billion Australian dollars ($55.1 billion) over a decade on new rail, roads and the foundatio

    May 10, 2017 03:19 am JST
  • Asia remains 'core market' for Barclays -- Asia Pacific co-head

    YOKOHAMA, Japan -- Despite cutting a large number of jobs and shutting down several offices across the region, Asia remains a core market for Barclays, its Asia Pacific co-head Jaideep Khanna told the Nikkei Asian Review.2016 was a year of restructu

    May 9, 2017 11:00 am JST
  • Interview

    China holds limited influence over North Korea: expert

    SYDNEY -- With Beijing having no middle ground between doing nothing or committing fully to pushing Pyongyang toward denuclearization, it is unclear how willing or even effective China will be, the research director of the U.S. Studies Center at the

    May 8, 2017 03:00 pm JST
  • TPP members agree to go on minus US, but differ on terms

    TORONTO -- The 11 remaining Trans-Pacific Partnership members agreed over two-day talks here to resuscitate the trade pact without the U.S., but differences remained over the shape the new deal would take.The gathered representatives agreed to "keep

    May 5, 2017 02:20 am JST
  • Fairfax Media job cuts trigger industrial action

    Journalists at one of Australia's best-known newspaper publishers, Fairfax Media, will strike for seven days in protest at the company's plans to cut the equivalent of 125 full-time journalist positions, or one in four from the already depleted news

    May 4, 2017 09:20 pm JST
  • New Pacific trade pact goes against the protectionist tide

    AUCKLAND With international trade deals around the world breaking down, a new pact among 14 Pacific nations offers hope of progress even if its impact is likely to be mostly symbolic.Australia, New Zealand and 12 smaller island nations are to sign t

    May 4, 2017 10:00 am JST
  • Mitsui plants seeds to lift output of 'super onion'

    TOKYO -- Trading house Mitsui & Co. will boost production of what it calls a "super onion" packed with health benefits.Mitsui's Sarasara Gold brand of onion, now grown on Japan's northern island of Hokkaido, is said to contain double to triple the a

    May 4, 2017 05:50 am JST
  • Australia mulls ways to dilute foreign demand for property

    SYDNEY -- Real estate in Sydney and Melbourne, Australia's biggest cities, is appreciating at such a rate that some experts are warning of a bubble that could soon burst. House and apartment prices in these two cities increased by about 19% and 16%

    May 3, 2017 09:30 pm JST
  • Papua New Guinea's premier faces balancing act between Australia, China

    SYDNEY -- Papua New Guinea's prime minister and his party will likely retain their ruling status in the upcoming general election. But even if they win, they will continue to face a balancing act as they try to please rivals China and Australia, who

    May 3, 2017 11:00 am JST
  • Talks kick off on 'TPP 11' pact minus US

    TORONTO -- Remaining signatories to the Trans-Pacific Partnership launched their first full-fledged negotiations Tuesday afternoon on a so-called TPP 11 trade pact without American participation as new senior partner Japan hoped for an agreement thi

    May 3, 2017 04:45 am JST
  • Aussie bank ANZ posts 6% profit growth for October-March

    SYDNEY -- Australia and New Zealand Banking Group's net profit rose 6% on the year to 2.91 billion Australian dollars ($2.19 billion) for the six months ended March, the company reported Tuesday.Restructuring efforts were a key factor, CEO Shayne El

    May 3, 2017 01:20 am JST
  • Aussie iron ore giants remain bullish despite price drop

    SYDNEY -- Major Australian iron ore miners are gearing up to bolster production despite falling prices, expecting demand from China and India to continue growing.Rio Tinto's production report for the January-March quarter shows its output in Austral

    May 2, 2017 04:15 pm JST
  • Japan Post cuts a mean loss, but can it grow?

    TOKYO -- Japan Post Holdings aims for a quick recovery following a decisive write-down spearheaded by two veteran bankers. But with the acquisition supposed to have lead its expansion into overseas logistics having produced the very same loss, its p

    May 2, 2017 08:20 am JST